A Barrel Fulll Archive

31 January 2025 SBM Offshore confirms it has completed the transactions related to the Share Purchase Agreements announced on September 6, 2024 with its partner MISC Berhad for: the acquisition of MISC Berhad’s entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil; and the full divestment to MISC Berhad of SBM Offshore’s effective equity interest in the lease and operating entities of the FPSO Kikeh in Malaysia. This transaction furthers SBM Offshore’s efforts to rationalize our portfolio to ‘maintain focus and excellence’ of our operations.

14 November 2024 SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies. Under these contracts, SBM Offshore will, in partnership with Technip Energies, construct and install a Floating Production, Storage and Offloading vessel (FPSO) . The award follows completion of front-end engineering and design studies, and the final investment decision on the project by the Joint Venture operated by TotalEnergies EP Suriname B.V. SBM Offshore is expected to operate the unit under an operations and maintenance agreement. The GranMorgu project is the first development within Block 58, circa 150 kilometers offshore Suriname. TotalEnergies is the operator holding a 50 percent interest in Block 58, alongside APA Corporation. Staatsolie has announced its intent to exercise its option to enter the development project with up to 20% interest. The ...

November 14, 2024 Technip Energies (PARIS:TE), in partnership with SBM Offshore, has been awarded a major(1) contract by TotalEnergies for the GranMorgu Floating Production, Storage and Offloading vessel (FPSO) in Suriname. Under this contract, the joint-venture between SBM Offshore and Technip Energies will construct and install a Floating Production, Storage and Offloading vessel (FPSO), leveraging Technip Energies’ expertise in engineering and modularization for the topsides and SBM Offshore’s Fast4Ward® hull. Thanks to the joint expertise of the two companies, the project will be designed to minimize greenhouse gas emissions. It will include an all-electric drive FPSO configuration, with zero routine flaring and full reinjection of associated gas into the reservoirs. There will be an optimized power usage with Waste Heat Recovery Units and optimized water cooling for improved efficiency. A permanent methane detection and monitoring system will be installed relying on a network of ...

September 20, 2024 The KTJV joint venture between Technip Energies (PARIS:TE) and KBR has been selected for a major(1) Engineering, Procurement, Fabrication and Construction (EPFC) project by Lake Charles LNG . Subject to Lake Charles LNG making a final investment decision to proceed with this project, this project will convert the existing Lake Charles LNG import and regasification terminal, located in Lake Charles, Louisiana, on the United States Gulf Coast, into an LNG export terminal. When the conversion is complete, the liquefaction terminal will be among the largest LNG terminals in the United States. The award covers a new 16.45 Mtpa(2) LNG export facility, including three 5.5 Mtpa modular LNG trains, brownfield modification to LNG storage, along with procurement, transportation, fabrication, installation, commissioning, and startup of the terminal. Arnaud Pieton, CEO of Technip Energies: “We are very pleased to have been selected for this major Lake Charles LNG contract, which...

October 1, 2024 Technip Energies (PARIS:TE) announces that the Long Son Petrochemicals Co., Ltd. (LSP) olefins plant in Long Son Island, Ba Ria-Vung Tau province, Vietnam, passed its final performance acceptance test. Technip Energies provided licensing, engineering, procurement, construction, commissioning, start-up and initial operation for the 1350 KTA(1) cracker. As Vietnam’s first olefins plant, the flexible feed cracker, can utilize both naphtha and liquified petroleum gas feeds to produce ethylene, propylene, and butadiene (2). The plant successfully started up end 2023 to reach its full capacity shortly after the start-up and pass its first performance test in February 2024. The plant, which broke ground end 2018, includes Technip Energies’ licensed ethylene technology, including Ultra Selective Conversion (USC®) furnaces preferred for high selectivity and low cost, and the Heat-Integrated Rectifier System®, preferred for energy efficient ethylene recovery. Bhaskar Patel, Seni...

June 24, 2019 LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, is expanding its presence in Southeast Asia through its joint venture, HMC Polymers Company Limited (“HMC”), which announced today it will build a fourth Polypropylene production line at its site in Map Ta Phut, Thailand . Constructing the new unit will allow HMC to maintain domestic market share and aims to address the projected five to six percent annual demand growth for polymers in the Southeast Asia Region. The new unit will be the most advanced unit in the world using LyondellBasell’s Spherizone production technology and will have a nameplate annual production capacity of 250 kilotons (kt). “Asia is one of the fastest growing regions in the world, with demand for polymers boosted by expanding populations, increasing individual wealth and urbanization. LyondellBasell’s Spherizone technology will help to address those growth opportunities,” said Jim Seward, Lyondell...

April 01, 2008 LyondellBasell Industries announced today that it has completed the purchase of the Shell oil refinery and associated infrastructure and businesses at the Berre l'Etang petrochemical complex in France. The refinery, with production capacity of 105,000 barrels per day, is adjacent to a LyondellBasell polyolefins complex at Berre that includes a steam cracker, butadiene extraction unit and world-scale polypropylene and polyethylene plants. LyondellBasell also has a polyethylene plant and a site that produces propylene oxide, MTBE and ETBE nearby at Fos-sur-Mer. "The acquisition of the Berre refinery enhances raw material integration for our operations in France and supports our polyolefins business in Europe," said Volker Trautz, CEO of LyondellBasell. "Furthermore, this transaction puts us in a better position to build upon our fuels and chemicals businesses in Europe." LyondellBasell has been the largest customer of the Berre refinery, purchasing...

Jan. 30, 2025  Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday it has been awarded an order by Tecnicas Reunidas for six gas compression trains and six propane compressors, for the third expansion phase of Aramco’s Jafurah gas field , located in the Kingdom of Saudi Arabia. The order was booked in the fourth quarter of 2024. Building on its broad experience in providing technology solutions for the entire natural gas value chain, Baker Hughes will supply state-of-the-art electric motor driven compression solutions, leveraging its recently expanded Damman Center in Dammam, Saudi Arabia. This order adds to Baker Hughes’ long-standing partnership with Aramco, which includes the supply of compression solutions for the Haradh and Hawiyah gas plants, first phase of the Jafurah gas plant and gas compression facilities, and more recently, equipment for the third phase of Saudi Arabia’s Master Gas System project. “Gas continues to serve as a vital source of reli...

January 6, 2025 Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (“EPIC NGL”) for total cash consideration of $2.2 billion, subject to customary purchase price adjustments. Upon closing, this transaction is expected to be immediately accretive to earnings per share. “This transaction bolsters Phillips 66’s position as a leading integrated downstream energy provider,” said Mark Lashier, chairman and CEO of Phillips 66. “This transaction optimizes our Permian NGL value chain, allows Phillips 66 to provide producers with comprehensive flow assurance, reaching fractionation facilities near Corpus Christi, Sweeny, and Mont Belvieu, Texas, and is expected to deliver attractive returns in excess of our hurdle rates.” The EPIC NGL business consists of two fractionators (170 MBD) ne...

June 27, 2024 Worley has been selected as the development partner by Argent LNG for the phased development of liquefaction trains at its greenfield site in Port Fourchon , Louisiana. Argent has signed a long-term lease with the Greater Lafourche Port Commission. It now plans to capitalize on the growing global demand for gas through LNG, by developing a lower cost and lower carbon intensity facility on the lands west of the current port. We’ve been selected as the development partner to move this project forward. Our initial scope of work will focus on developing the site layouts and selecting the most appropriate technology to deliver the optimal outcome for capital cost, operating efficiency and carbon intensity. We will also initiate the Federal Energy Regulatory Commission (FERC) process with Argent and swiftly move into the pre-FEED phase where greater definition of the development will be achieved. The work will be delivered by our teams in Houston and Baton Rouge, with furth...

07 March 2024 MAIRE (MAIRE.MI) announces that its subsidiary Tecnimont (Integrated E&C Solutions) has been awarded by SONATRACH through a tendering process an EPCC (Engineering, Procurement, Construction and Commissioning) contract for a new linear alkyl benzene (LAB) plant in the industrial zone of Skikda , located 350 km east of Algeri. LAB is a cost-effective and biodegradable intermediate used in the production of household detergents, industrial cleaners and surfactants. The contract value is approximately USD 1.1 billion. The scope of the project entails the implementation of a new LAB plant with a production capacity of 100,000 tons per year, and the associated utilities, offsites and interconnections with the existing facilities. The completion of the project is scheduled within 44 months from the contract’s effective date. Alessandro Bernini, Chief Executive Officer of MAIRE Group, commented: “We are honored to consolidate our track-record with SONATRACH also in considerat...

May 8, 2018 Honeywell (NYSE: HON) announced today that Sonatrach will use technologies from Honeywell UOP to expand the Skikda Refinery on the eastern Mediterranean coast of Algeria. The new technologies will enable Sonatrach to meet growing domestic demand for high-octane gasoline and diesel fuel that meets Euro V standards for cleaner-burning fuels. Honeywell will provide licensing, basic engineering design and other associated services for an 81,000 barrels-per-day UOP Unicracking™ unit and UOP/Foster Wheeler solvent deasphalting unit to produce ultra-low sulfur diesel. In addition, Honeywell will provide CCR Platforming™ and Penex™ isomerization units to convert 143,000 barrels per day of naphtha into cleaner-burning high-octane gasoline. “These Honeywell technologies will enable Sonatrach to upgrade low-value feedstocks by efficiently converting them into Euro V diesel,” said John Gugel, Vice President and General Manager of Honeywell UOP’s Process Technology and Equipment busine...

Sept. 10, 2019  Honeywell (NYSE: HON) announced today that Sonatrach Total Entreprise Polymères (STEP) has selected Honeywell UOP’s C3 Oleflex™ technology to produce 565,000 metric tons per year of polymer-grade propylene for a proposed plant in Arzew, Algeria. In addition to technology licensing, Honeywell is providing the basic engineering design, services, equipment, catalysts and adsorbents for the plant. When completed, it will represent UOP’s second C3 Oleflex unit in North Africa, following an earlier award in Egypt. “The Oleflex technology will enable STEP to convert domestically produced propane into propylene, a primary component in a wide variety of plastic products rapidly growing in demand in the region,” said Bryan Glover, vice president and general manager of Honeywell UOP’s Petrochemicals & Refining Technologies business. “STEP will further convert the propylene into polypropylene plastic to supply customers in Algeria, along the Mediterranean, and in other mar...

6 November, 2020 Sasol today announced our LDPE unit reached beneficial operation on 15 November 2020. The LDPE unit is the seventh and final Lake Charles Chemicals Complex unit to come online. The LCCP is now 100 percent complete with total capital expenditure forecast to be within the previously communicated guidance of US$12,8 billion. “This milestone safely brings our Lake Charles Chemicals Project to a close and sets the stage for the next step in the evolution of our chemicals business,” said Sasol President and Chief Executive Officer Fleetwood Grobler. “The completion of this unit and its impending transition to our joint venture with LyondellBasell will accelerate our transformation to a more specialty chemicals-focused company with a strong presence of base chemicals in our portfolio.” Sasol’s LDPE unit uses ExxonMobil technology and has a nameplate capacity of 420,000 tons per year (420 ktpa). LDPE is used to manufacture plastic bags, shrink wrap and stretch film, coatings...

December 02, 2020 LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, and Sasol (JSE: SOL, NYSE: SSL), a global integrated chemicals and energy company, today announced the closing of their Louisiana-based Integrated Polyethylene Joint Venture (JV) transaction following required regulatory and shareholder approvals. The 50/50 JV includes a 1.5 MM ton ethane cracker, 0.9 MM ton low-density and linear-low density polyethylene plants, and associated infrastructure near Lake Charles, La, and will toll manufacture the products on behalf of the two shareholders. Under the terms of the transaction agreements, LyondellBasell will operate the three assets on behalf of the JV and market the polyethylene products on behalf of the two shareholders of the JV. Approximately 400 Sasol Lake Charles employees who directly support the JV assets are now employees of LyondellBasell. “The formation of this JV is part of our approach to growing our core b...

August 7, 2019  LyondellBasell (NYSE: LYB) today announced that Sonatrach Total Entreprise Polymères Spa (STEP) , a joint venture between Sonatrach and TOTAL S.A, has selected LyondellBasell’s Spheripol technology for a 550 KTA polypropylene unit to be constructed in Arzew, Oran province, Algeria. “We are pleased to be the technology provider of choice for the newly developed polyolefins business of STEP,” said Jim Seward, vice president of technology business and sustainability at LyondellBasell. Seward added: “The selection of Spheripol technology allows customers to enhance and significantly diversify their polypropylene product portfolio with outstanding monomer efficiency.” Spheripol is the leading PP process technology with more than 25 million tons of licensed capacity. The latest fifth generation Spheripol technology includes process improvements that further maximize operational efficiency. The plant will commence operations using Avant ZN catalyst. New licensees can take ...

Sept. 1, 2020  LyondellBasell (NYSE: LYB) and China's Liaoning Bora Enterprise Group (Bora) today announced the establishment and start-up of their new joint venture polyolefin complex in the Liaoning province of northeastern China. First announced in September 2019, the 50:50 joint venture (JV) will operate under the name Bora LyondellBasell Petrochemical Co. Ltd. (BLYB). "Demand for polyolefins has returned in China after the pandemic-related economic slowdown earlier in the year and the long-term growth trends are very favorable for this project," said Bob Patel, CEO of LyondellBasell. "Our BLYB joint venture brings together the best of both LyondellBasell and Bora, leveraging the companies' knowledge and experience to help to meet the growing demand for polyolefin products in China. We look forward to potential future opportunities that would allow us to expand our local manufacturing footprint." The two parties are planning medium-to-long term collabor...

January 26, 2021 LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world and the China Petroleum & Chemical Corporation (Sinopec), one of the largest integrated energy companies in China, today announced the signing of an agreement to form a 50:50 joint venture (JV) which will produce propylene oxide (PO) and styrene monomer (SM) in China's domestic market. First announced on December 23, 2019, the JV will operate under the name Ningbo ZRCC LyondellBasell New Material Company Limited . "As China's economy continues to grow, so will demand for propylene oxide and styrene monomer. We are excited to expand our relationship with Sinopec through this joint venture in order to better serve China's domestic market. Sinopec's outstanding operational capabilities combined with LyondellBasell's leading technology is a win-win," said Torkel Rhenman, Executive Vice President, Intermediates and Derivatives, and Refinin...

June 8, 2021 LyondellBasell (NYSE: LYB) today announced the successful startup of Ulsan PP Co., Ltd.’s 400 kiloton per annum (KTA) polypropylene production facility . The facility, located in the southeastern port city of Ulsan, South Korea, is one of the largest of its kind in Asia. Ulsan PP Co., Ltd., is a joint venture between PolyMirae Company Ltd., (a 50:50 partnership of LyondellBasell and DL Chemical) and SK Advanced. “Through the pandemic, Asian demand for polypropylene remained strong. Now, with the global economy recovering as well, this joint venture is extremely well positioned to meet even greater demand in the region,” said Ken Lane, LyondellBasell Executive Vice President, Olefins and Polyolefins. The facility uses LyondellBasell’s fifth generation Spheripol PP process technology. Under the joint venture agreement, PolyMirae will offtake and sell all polypropylene produced by the facility to customers throughout Asia. The companies broke ground on the facility in 2019.

March 14, 2023  LyondellBasell (NYSE: LYB) today announces it has successfully started up the world's largest propylene oxide (PO) and tertiary butyl alcohol (TBA) unit in Texas. These new assets on the U.S. Gulf Coast have an annual capacity of 470 thousand metric tons of PO and one million metric tons of TBA and its derivatives. "The world-leading capacity of the new plant positions us to meet the growing demand for products essential for modern life," said Chris Cain, LyondellBasell senior vice president for Global Manufacturing. "Our company strives to be trailblazers in our industry and make positive contributions through our environmental and sustainability initiatives. This project advances our company's goals and creates value while meeting customer and society's needs, and it involved a collaborative effort between multiple project teams at Bayport, Channelview and around the world to deliver a project of this magnitude." The PO/TBA project is a...

Sept. 28, 2022 LyondellBasell (NYSE: LYB) today announced the ethylene cracker at its integrated olefins and polyolefins production site in Berre , France will not restart until early 2023. The chemical company's French ethylene cracker was damaged by a fire on August 2. While repairs should be completed by November, the combination of persistently high energy costs, compressing margins and falling demand for products in the region contributed to the decision to delay the restart.

May 31, 2023 LyondellBasell (NYSE: LYB) today announced plans to delay its refining business exit from year-end 2023 to no later than the end of the first quarter 2025. Favorable inspections and consistent performance have given the company confidence to continue safe and reliable operations at the Houston site . LyondellBasell anticipates moderate maintenance spend to support this extension in 2023 and 2024 but remains committed to ceasing operation of its oil refining business. The extension will minimize workforce impacts as the company continues to develop future options for the site and will enable a smoother transition between the shutdown and the implementation of the retrofitting and circular projects. One of the three pillars of the company's new strategy is to build a profitable Circular and Low Carbon Solutions business. In support of this strategy, LyondellBasell is developing future plans for the Houston refining site. "Our plans to transform the site for future g...

September 5, 2023 LyondellBasell today started consultations with territorial trade unions for the management of potential redundancies in relation to the intended closure of the one of its two polypropylene production units at its Brindisi location in Italy.  "After thorough analysis, we believe that closure of this unit is the most sustainable solution from a strategic and financial standpoint,” said Jim Guilfoyle, senior vice president Olefins and Polyolefins EAMEI of LyondellBasell. “We understand the intended closure may impact some of our employees. We are committed to discuss solutions with unions and social parties to support them in the best way possible. The supply to our customers will continue.” Guilfoyle added, “This unit is the oldest of its kind in the world and it has become uncompetitive. The market environment for our polypropylene products of this Brindisi unit has become increasingly challenging, and the outlook provides little improvement. The intention of ou...

May 30, 2024 LyondellBasell (LYB) and Alujain Corporation (Alujain) today announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) by LYB from Alujain. The joint venture is enabled by LYB Spheripol polypropylene (PP) technology and positions LYB to profitably expand its core PP business by gaining access to advantaged feedstocks and additional product marketing volumes. "This investment in NATPET reflects our commitment to grow and upgrade our core businesses and strengthen our presence in Saudi Arabia through a new long-term partnership," said LYB CEO Peter Vanacker. "With our strategic partner Alujain, the joint venture will leverage LYB's leading technology and global market positions. Customers will enjoy enhanced supply reliability through a larger global operations and marketing network." "We are very pleased to strengthen our partnership with LYB," said Mohammed Bin Saleh...

October 27, 2009  Al-Waha Petrochemical Company has successfully started up its new complex in Al-Jubail Industrial City which includes a 450 KT per year polypropylene plant based on LyondellBasell’s Spherizone process technology. Al-Waha was formed in 2006 and is a joint venture between Sahara Petrochemicals Company (75%) and LyondellBasell (25%). “By joining forces, we have developed a world-class complex with integrated Middle East-advantaged production costs and a highly competitive mix of polypropylene products in close proximity to our target markets of KSA, Asia, Europe, Africa and the Middle East,” said Omar Bahobail, president of Al-Waha. “With LyondellBasell’s advanced polypropylene technology and its global marketing capabilities, this joint venture will maintain a robust and profitable operation in an increasingly challenging industry.” World’s largest Spherizone process plant The largest of its kind in the world, Al-Waha’s Spherizone polypropylene plant will supply ...

 September 17, 2024 Enabling the regasification and sale of liquefied natural gas (LNG) from Venture Global’s terminals in Louisiana to markets in Central and Eastern Europe. Under the agreement, Venture Global has secured approximately 1 million tonnes per annum (MTPA) of LNG regasification capacity at the new  Alexandroupolis LNG receiving terminal  in Greece for five years, beginning in 2025. Venture Global’s capacity will account for approximately 25% of the total terminal capacity, or approximately 12 cargoes annually. The new Alexandroupolis LNG FSRU receiving terminal and South-North ‘Vertical Corridor’ will be essential to enhancing Central and Eastern European energy security by providing a new route to bring alternative supplies of natural gas into the region. Critical energy infrastructure projects in Greece have been supported in part by European co-funding as well as the United States Government through the Development Finance Corporation (DFC). “Venture Glob...

13 Dec 2024 Subsea7 today announced the award of a sizeable contract by Shell Offshore Inc. in the US Gulf of Mexico. The project involves the engineering, procurement, construction, and installation of a production flowline and related subsea infrastructure at Shell’s Phase 3 Silvertip development , located in the deep waters of Alaminos Canyon, with depths reaching up to 3,000 metres. Project management and engineering will start immediately at Subsea7’s office in Houston, Texas, with offshore activities expected to begin in 2026. Craig Broussard, Senior Vice President for Subsea7 Gulf of Mexico, said: “This new award strengthens our diverse portfolio of deepwater projects in the Gulf of Mexico. We look forward to continuing our collaboration with Shell.”

Jan 9, 2025 Houston – Shell Offshore Inc. (Shell), a subsidiary of Shell plc, announced that production has started at the Shell-operated Whale floating production facility in the Gulf of Mexico. Whale replicates the simplified, cost-efficient host design of the Vito platform, which began production in early 2023. The Whale development is owned by Shell Offshore Inc. (60%, operator) and Chevron U.S.A. Inc. (40%). “Whale demonstrates our focus on driving more value with less emissions from our Upstream business as we deliver the energy people need today,” said Zoë Yujnovich, Shell’s Integrated Gas and Upstream Director. “It will make a significant contribution to our commitment to bring projects online, with a total peak production of more than 500,000 barrels of oil equivalent per day from 2023 through 2025.” With an estimated peak production of 100,000 barrels of oil equivalent per day (boe/d), Whale currently has an estimated recoverable resource volume of 480 million boe. Whale rep...

Dec 12, 2024 Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced a Final Investment Decision (FID) on the Phase 3 Silvertip project, which will deliver two wells to boost production at the Shell-operated Perdido spar in the US Gulf of Mexico (GoM). These wells, located in the Silvertip Frio reservoir (Shell – 40%, operator; Chevron 60%), are expected to collectively produce up to 6,000 barrels of oil equivalent per day (boe/d) at peak rates. First production is expected in 2026. "This investment at Perdido is another example of our focus on high margin, lower carbon intensity barrels,” said Rich Howe, Shell’s Executive Vice President for Deep Water. “As the largest operator in the US Gulf of Mexico, we prioritize opportunities nearby our existing assets in these advantaged corridors, where we are well-positioned to develop shorter-cycle, high value tieback opportunities.” The Phase 3 Silvertip project reinforces Shell's long-term commitment to the United States,...

11/30/2017 Total has inaugurated the new units at its Antwerp integrated refining & petrochemicals platform, which have progressively started up in the last few months. This event marks the completion of the upgrade program launched in 2013 of one of the largest and most efficient integrated refining & petrochemicals platforms in Europe. Thus, the company has invested more than €1 billion to further improve the competitiveness of this major site located in the heart of Europe's main markets. Two key projects were completed: An investment in a new refining complex was approved for the conversion of more heavy fuel oil into low-sulfur light products. A deasphalting unit and a hydrocracker were built to increase the production of clean and high-value-added products. The new refining complex will reduce the high-sulfur heavy fuel oil yield, in anticipation of the new marine fuel regulation that will take effect in 2020. Steam cracker* flexibility has been increased to maximiz...

14th July 2023 Borealis announces that a major upgrade of the cracker in Stenungsund  has been successfully completed. This investment ensures that the cracker in Stenungsund – which is already one of the most raw material flexible in all of Europe – can operate with even greater reliability and energy efficiency. The Cracker is a major supplier of ethylene and propylene to the chemicals cluster in Stenungsund, OMV Group and Borealis Group's international customers, and the increased reliability is particularly important for the fast-growing Wire & Cable industry. The Cracker in Stenungsund, which has a capacity of 625 kilotons of ethylene per year, is a plant that thermally "cracks", i.e. decomposes, raw materials such as ethane, naphtha, propane, butane and LPG, into smaller molecules. During the renovation in Stenungsund, four existing furnaces have now been upgraded and refurbished to modern standards for process reliability, reliability and thermal efficiency. T...

 July 19, 2013 Germany’s EPS pipeline (Ethylen-Pipeline-Süd) has now officially come on stream. A ceremony held in Munich on Friday, July 19, celebrated the completion of this key infrastructure project. Numerous guests from the worlds of politics and industry – including Günther Oettinger, European Commissioner for Energy, and Martin Zeil, Bavaria’s Minister of Economic Affairs – paid tribute to the commissioning of the 370-km-long pipeline between the Bavarian town of Münchsmünster and Ludwigshafen in Rhineland-Palatinate. In his speech, European Commissioner Oettinger said: “The new pipeline will secure supplies of ethylene for the companies accessing it. Such infrastructure is becoming ever more important across all sectors in Germany and elsewhere in Europe.” Oettinger, a former minister president of Baden-Württemberg (southwestern Germany), sees the EPS as “further strengthening the south German industrial alliance.” For Martin Zeil, Bavaria’s Minister of Economic Affairs an...

  7 March 2019 Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has awarded Tecnimont, main contractor of Maire Tecnimont - a leading E&C international group – with the Engineering, Procurement, Construction Management (EPCM) and Commissioning services contract for a new propane dehydrogenation (PDH) plant , including the requisite Utilities and Interconnections. The new facility, located at an existing Borealis production site in Kallo, Belgium, will have a targeted production capacity of 750,000 metric tonnes per year, making it one of the largest and most efficient in the world. With a total contract value of approximately €90 million, the Kallo PDH project is on a reimbursable basis. PDH is a vital process step in the production of propylene from propane. Propylene is one of the most important building blocks for the entire chemical industry, and is the raw material used to produce polypropylene (PP). PP is i...

 3 October 2022 Following a standstill for 80% of the construction works in the Kallo PDH project , Borealis carried out a re-tendering process for the Mechanical and Piping construction works. After careful consideration, Borealis has now granted a majority of these works to the contractor Ponticelli. Works on the construction site will now further gradually increase as of 3 October 2022.   The prolonged standstill and gradual re-start of the project has consequences for the timeline of the project. Borealis expects start-up of the new PDH plant during the second half of 2024.  Borealis has zero tolerance for any malpractices. Borealis has implemented these measures to identify and address any potential lack of control by (sub)contractors:   All workers and (sub)contractors are informed and encouraged to make use of Borealis’ ethics hotline. This tool is accessible for Borealis workers and externals and allows for ethics-related concerns to be filed ...

December 21, 2022 NOVA Chemicals Corporation (“NOVA Chemicals”) today announced that its second Advanced SCLAIRTECH™ technology (“AST2”) facility and the third phase of the Corunna Cracker Expansion Project (“Cracker Expansion”) have each reached mechanical completion. The world-scale AST2 facility, located at the new Rokeby Site in St. Clair Township , Ontario will have a production capacity of approximately one billion pounds of polyethylene per year. The Cracker Expansion will provide ethylene feedstock to the new AST2 facility, expanding the existing cracker’s current capacity by more than 50 per cent. “We’re pleased to have completed the construction phase of the projects and our team is now fully focused on safely completing post-construction activities prior to starting the commissioning phase of this flagship asset,” stated Rob Thompson, NOVA Chemicals’ Vice President of Manufacturing East. “This has been a tremendous effort across the organization. During unprecedented conditi...